A subscriber can opt for either PAN or Adhaar based registration.
PAN: You must have a 'Permanent Account Number' (PAN) or and an active Saving / Current account with any
of the registered Banks (for KYC verification and initial payment through Internet Banking) to complete
the registration process using this option. To view the list of empanelled Banks available for
Initial contribution needs to be done through the Internet Banking facility of the bank selected by the subscriber during the online application process. The same bank will be responsible for KYC authentication in NPS.
Aadhaar: The user must have Aadhaar number with registered mobile number.
All existing Subscribers registered with KFintech-CRA can contribute to their PRAN Tier I & Tier II account using ‘eNPS’.
For online contribution,
All existing Subscribers associated with KFintech-CRA can activate Tier II account using 'eNPS'. To
activate Tier II account online :
|Tier I||Tier II|
|Min Initial Contribution||₹ 500
|Min Subsequent Contribution||₹ 500||₹ 250|
|Max NPS Contribution||No Limit||No Limit|
The Pension Scheme, offers subscriber mainly two account types known as Tier I account and Tier II account. While Tier I account is mandatory for joining NPS, Tier II account is optional and can be opened at any point of time –at the time of opening Tier I account or later.